Happy Mother’s Day
You’ve taught me strength, grace, and the power of unconditional love. Happy Mother’s Day!

You’ve taught me strength, grace, and the power of unconditional love. Happy Mother’s Day!

The holiday season is a time for giving—but if you’re a U.S. expat, you should also think about gift tax implications. Whether you’re gifting to family abroad or transferring money between international accounts, the IRS may want to know. Annual gift exclusionFor 2025, you can give up to $18,000 per recipient per year without triggering…
An article on the CNBC website, which appeared this past summer, shows that a steady stream of American citizens have chosen to live and work outside of the United States as expatriates. Some of these Americans have renounced their U.S. citizenship because of the implementation of stricter tax rules. However, most expats do not renounce…
As the great author Ernest Hemingway said, “The best way to find out if you can trust somebody is to trust them.” Responsibility and trust are the two cornerstones of both country and community. Tax document preparation is something that we hold as sacred at Expatriate Tax Returns. Our professionals take their responsibility to our clients very seriously and we understand…
Unexpected events happen to everyone. Unfortunately, some people must make necessary financial sacrifices to withstand such circumstances. One of the sacrifices people make is withdrawing from their retirement early. This quick-cash method can produce significant tax penalties if enacted. Consider the following information before pulling from your retirement early: Flexibility Within 401(k), 403(b), and 457(b)…
The IRS is looking out for American taxpayers. For the remainder of 2022, the optional standard mileage rate has been increased by the IRS. For the rest of the year, taxpayers can receive reimbursement for using their automobiles for business travel and other similar purposes. Once mileage is calculated, drivers can determine what they’ll receive…
Each state has their own policy for abroad taxation. Some U.S. states do not tax overseas (Florida, Nevada, Washington), while other states require tax filing while overseas (South Carolina, California, Virginia). Stay up to date on how your state handles expat taxes and adjust your plan accordingly. Want to learn more? Contact Expatriate Tax Returns. …